Receiving Bitcoin with CoinZoom is easy. Follow the steps below based on your device.
On Desktop:
- Sign in to your CoinZoom account.
- Click Portfolio and select BTC (Bitcoin).
- Click Receive and ensure BTC is selected.
- Read the alert: Only send BTC to this address. Sending other cryptocurrencies may cause permanent loss.
- Click “I Understand” if you’re receiving BTC.
- Copy the address or share the QR code to receive funds.
On Mobile App:
- Open the CoinZoom app and sign in.
- Tap Trading and select BTC (Bitcoin).
- Tap Receive.
- Copy the address or share the QR code to receive BTC.
Wallet Address vs. Legacy Address: What’s the Difference?
When sending or receiving Bitcoin, you’ll see two address types:
- Wallet Address: The newer format, starting with “bc1”. It’s more efficient, usually has lower fees, and faster processing.
- Legacy Address: The older format, starting with “1”. Still supported but may have higher fees.
Note: If unsure, the Wallet Address is typically the better choice.